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HS Icon Crustaceans

Crustaceans; in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked, cooked or not before or during smoking; in shell, steamed or boiled, whether or not chilled, frozen, dried, salted or in brine; edible flours, meals, pellets

0306 (Harmonized System 1992 for 4-digit)

2021
World Trade: $33.2B, Rnk 137 / 1217

2021
Top Exporter | Top Importer: $5.33B | $10.7B, Ecuador | United States

2021
Product Complexity: -1.97, Rnk 993 / 1024

2020 - 2021
Export Growth (CAGR): 35.3%, Rnk 241 / 1217

2018
Mean Tariff: 12.2%, Rnk 300 / 1259

2021
Share of World Trade: 0.16%, Rnk 137 / 1217

About

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Overview This page contains the latest trade data of Crustaceans. In 2021, Crustaceans were the world's 137th most traded product, with a total trade of $33.2B. Between 2020 and 2021 the exports of Crustaceans grew by 35.3%, from $24.5B to $33.2B. Trade in Crustaceans represent 0.16% of total world trade.

Crustaceans are a part of Fish, crustaceans, & molluscs. They include Shrimps and prawns, frozen, Crabs, frozen, Lobsters (Homarus), not frozen, Rock lobster and other sea crawfish, frozen, Rock lobster and other sea crawfish not frozen, Lobsters (Homarus) frozen, Shrimps and prawns, not frozen, Crustaceans nes, frozen,, Crabs, not frozen, and Crustaceans nes, not frozen, among others.

Exports In 2021 the top exporters of Crustaceans  were Ecuador ($5.33B), India ($5.29B), Canada ($3.94B), Russia ($2.83B), and Vietnam ($2.32B).

Imports In 2021 the top importers of Crustaceans were United States ($10.7B), China ($5.78B), Japan ($1.84B), Spain ($1.62B), and Netherlands ($1.52B).

Tariffs In 2018 the average tariff for Crustaceans was 12.2%, making it the 300th lowest tariff using the HS4 product classification.

Ranking Crustaceans ranks 993rd in the Product Complexity Index (PCI).

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Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Crustaceans. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Ecuador, $5.33B

Top Destination (2021): United States, $10.7B

Crustaceans are the world's 137th most traded product.

In 2021, the top exporters of Crustaceans were Ecuador ($5.33B), India ($5.29B), Canada ($3.94B), Russia ($2.83B), and Vietnam ($2.32B).

In 2021, the top importers of Crustaceans were United States ($10.7B), China ($5.78B), Japan ($1.84B), Spain ($1.62B), and Netherlands ($1.52B).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Russia, $1.75B

Top Destination Growth (2020 -  2021): United States, $3.92B

Between 2020 and 2021, the exports of Crustaceans grew the fastest in Russia ($1.75B), Ecuador ($1.5B), Canada ($1.48B), India ($1.34B), and United States ($360M).

Between 2020 and 2021, the fastest growing importers of Crustaceans were United States ($3.92B), China ($741M), Netherlands ($619M), Spain ($501M), and South Korea ($327M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Crustaceans.

In 2021, market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Crustaceans are explained by 21 countries.

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Net Trade

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TOP NET EXPORTER (2021): Ecuador, $5.33B

TOP NET IMPORTER (2021): United States, $9.72B

This map shows which countries export or import more of Crustaceans. Each country is colored based on the difference in exports and imports of Crustaceans during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Crustaceans were Ecuador ($5.33B), India ($5.27B), Canada ($3.06B), Russia ($2.28B), and Vietnam ($1.88B).

In 2021, the countries that had a largest trade value in imports than in exports of Crustaceans were United States ($9.72B), China ($5.05B), Japan ($1.82B), South Korea ($1.36B), and Spain ($1.14B).

Disaggregation

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Value

In 2021, the world most traded Crustaceans, disaggragated by their HS6 level were Shrimps and prawns, frozen ($22.3B), Crabs, frozen ($5.49B), Lobsters (Homarus), not frozen ($1.97B), Lobsters (Homarus) frozen ($1.25B), and Rock lobster and other sea crawfish... ($972M)

Country Comparison

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Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Crustaceans.
It is possible to select the main countries that export or import Crustaceans in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

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This visualization shows products that are likely to be exported by countries that export Crustaceans.

Country by Relatedness

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The following visualization shows the relatedness of Crustaceans to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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